Settings8H · net · $10k
Funding arb · Price arb /

EWY

RWAall EWY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: Gate against ApeX Omni+0.086%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$980.981% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.205%−$21 on $10k
Price spread, last 4 days (all we have)−0.152%−$15 · spread now +0.086%, 7d avg +0.026%
Together, before fees−0.358%−$36 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.060% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.086% now, against its 7-day average of +0.026%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 48 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni EWYUSDT186.420.0100pay 0.0013% / 1h9m 27s$13K$264K50x
ShortGate EWY_USDT186.580get 0.0000% / 8h9m 27s$4.1M$4.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against ApeX Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$21
Price spread: +0.086% → +0.026%
$5.99
Slippage, 4 orders
−$73.1
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$113.11
Costs to cover
0.981%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 27 min ago; Gate: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 27 min ago26.47 bp37.0 bp −$37211.8 bp −$2,118doesn't fitdoesn't fit
Sell Gate live order book, 4 min ago2.95 bp12.4 bp −$1225.8 bp −$25846.9 bp −$4,69382.2 bp −$41.1K

EWY on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff EWY-PERP−2.4288%1h186.41−0.005%$29K$13K20xas long as short
Bitget EWYUSDT−0.0582%8h186.60+0.097%$3.1M$2.6M20xas long as short
Vest EWY-USD-PERP−0.0022%1h186.05−0.198%$220K25xas long as short
Aster EWYUSDT0.0000%8h186.55+0.068%$289K$13K20xas long as short
Extended EWY_24_5-USD0.0000%1h186.45+0.014%$237K$915K10xas long as short
Binance EWYUSDT0.0000%8h186.49+0.038%$27.0M$83.2M50xas long as short
Bybit EWYUSDT0.0000%8h186.55+0.070%$4.9M$4.9M100xas long as short
OKX EWY-USDT-SWAP0.0000%8h186.53+0.059%$4.1M$4.7M50xas long as short
Gate EWY_USDTshort0.0000%8h186.58+0.086%$4.1M$4.5M50x
MEXC EWY_USDT0.0000%8h186.50+0.043%$7.9M$4.4M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni EWY0.0000%8h186.45+0.017%$1.1M$1.1Mas long as short
GRVT EWY_USDT_Perp0.0000%8h186.48+0.033%$731K$421K10xas long as short
SunX EWY-USDT0.0000%8h186.43+0.005%$2.4M20xas long as short
HTX EWY-USDT0.0000%8h186.61+0.102%$22K$35K20xas long as short
Phemex EWYUSDT0.0000%8h186.53+0.059%$1.6M$37K10xas long as short
BloFin EWY-USDT+0.0024%8h186.50+0.043%$48K$217K50xas long as short
Lighter EWY+0.0032%1h186.37−0.027%$378K$40K20xas long as short
Popdex EWYUSDT+0.0048%1h186.49+0.038%$198K$154K20xas long as short
tradeXYZ xyz:EWY+0.0050%1h186.38−0.021%$6.4M$14.7M20xas long as short
Entropy io:EWY+0.0050%1h186.39−0.016%$141K$120K25xas long as short
Polymarket Perps EWY-USD+0.0050%1h186.35−0.038%$4K$14120xas long as short
SoDEX EWY-USD+0.0050%1h186.48+0.032%$749$4K10xas long as short
Ondo Perps EWY-USD.P+0.0050%1h186.45+0.016%$233K$335K10xas long as short
Coinbase International EWY-PERP-INTX+0.0056%1h186.49+0.038%$517K$255K20xas long as short
Paradex EWY-USD-PERP+0.0059%8h186.53+0.058%$225xas long as short
KuCoin EWYUSDTM+0.0100%8h186.43+0.005%$959K$601K20xas long as short
ApeX Omni EWYUSDTlong+0.0100%1h186.42long leg$13K$264K50x
Orderly PERP_EWY_USDC_mythos+0.0100%8h186.45+0.016%$2K$1K20xas long as short
Deribit EWY_USDC-PERPETUAL+0.0555%1h186.44+0.011%$2K$14K20xas long as short
edgeX EWYUSDC+0.0939%4h186.48+0.034%$418K$285K20xas long as short